A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Mettler-Toledo International
Our trading algorithm values Mettler-Toledo International (MTD) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $1131.63 |
| 60 Day Prediction | $1143.07 |
| 60 Day Pred - Lower Bound | $1080.82 |
| 60 Day Pred - Upper Bound | $1204.28 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.011 * nr_days_in_the_future + 1143.389
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
MTD traded at $1131.63 this Friday October 14th, gaining since last week.
Looking back, over the last month, MTD has been loosing $-73.19 or -6.467656485816606 percent.
Over the last year, it has been loosing $-298.82 or -26.406152629366453 percent.
Seasonality of Mettler-Toledo International
Using our AI model, we have been analyzing the value change for Mettler-Toledo International depending on the day or month of a year. This can be seen in the following graph:
